) has rallied 30% since 21 November. At press time, it was trading at $7.527 and on the verge of a potential 20% rally toward a bearish order block target.” system that allows users to confirm and determine whether the exchanges’ “Proof of Reserves” are true or false. In addition, LINK will launch a staking service on 6 December 2022.Do the bulls have what it takes to regain the value of LINK before the market crash?LINK could regain its pre-crash value.
LINK is now targeting the pre-FTX saga level of $9.5. The target could be between the bearish order block at $8.965 and $9.5 in the next few days or weeks. But can the bulls push through this uptrend? The OBV also saw a steep rise in the last few days, indicating a huge trading volume that can increase buying pressure. Therefore, LINK could break through the 61.8% and 78.6% Fib resistance levels.